Pros
Woodward has an interesting product mix, and they are growing aggressively. There are some attractive locations from a geographic/quality of life standpoint.
Cons
Woodward management is interspersed with a few really bad apples at multiple points in the organization. These are the guys who look good from the top, but bad from underneath - and the guys over their heads don't seem to have the capability to recognize bad management underneath them. Way to much latitude for managers to run rough shod over direct reports, and don't expect any support from HR. They are there to reinforce the will of the guys with power regardless of how capricious, temperamental, or just plain psychotic the individual manager may be. The kind of behavior you may be subjected to could be more akin to being in a $3mm dollar job shop with Scrooge as a boss. You can tell a lot about a company by how they treat their supply base, and Woodward has done some pretty slimy things to suppliers.